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PSIQ Elects Eddie Nurieli, Esquire to Its Board of Directors and Member of Audit Committee

SUNRISE, Fla., Nov. 20, 2018 (GLOBE NEWSWIRE) -- Profile Solutions, Inc. (OTC Pink: PSIQ) announces the appointment of Eddie Nurieli, Esquire (“Nurieli”), a seasoned attorney specializing in real estate, business and corporate transactions, private placements, reverse mergers and international trade with a focus on Cannabis to the PSIQ Board of Directors.

Effective December 1st, 2018 until the latter of November 30th, 2020 or the election, qualification and assumption of office by Director successor as a member of PSIQ board of directors, unless earlier terminated, Nurieli shall serve on the Board of Directors and member of the Audit Committee.

Since June 2009, Nurieli is the Principal and Founder of Chutzpah Ventures, LLC., a Florida private equity firm focusing on early-stage technology start-ups from Israel including fundraising and business development. Since September 2009, Nurieli is the Principal Attorney of Eddie Nurieli, P.A, a law practice licensed in Florida and New York specializing in real estate, business and corporate transactions, private placement, reverse mergers and international trade. Since January 2016, Nurieli is the Principal and co-founder of Cannaventurez, LLC., a Cannabis sector integrated consulting and holding company providing a platform to access Colorado and California’s regulated and licensed cannabis operations, affiliated with Colorado based nationally recognized cannabis specialty legal counsel for Colorado cannabis laws and regulations for licensing compliance specializing in fundraising, joint ventures, and syndicated cannabis cultivation, extraction, dispensing operations investments, business development and product sourcing from offshore ancillary product manufacturers for the cannabis market.

Nurieli graduated from Bernard M. Baruch College in New York with a Bachelor of Business Administration in Finance in June 1985 and received his Juris Doctor from New York Law School in June 1998. Nurieli was admitted to the New York Bar in 1988 and the Florida Bar in 1991. Nurieli is a member of the The New York State Bar, Florida Bar, United States Federal Court, Eastern District of New York, United States Federal Court and the Southern District of Florida. Nurieli is fluent in English and Hebrew.

Dan Oran, CEO of PSIQ stated, “As we expand our operations, become a reporting SEC issuer and list our securities on the OTCQB, the time is right to expand our Board of Directors with outside Board Members. Eddie Nurieli is a successful well-respected international lawyer experienced in all things business and cannabis. Eddie Nurieli will be a tremendous Director and Audit Committee Member helping PSIQ achieve its goal of success, prominence and profitability in full compliance with all legal and regulatory requirements.”

ABOUT PROFILE SOLUTIONS, INC.

Profile Solutions, Inc., through its subsidiary Elite Products International, Inc., is a leading distributor and manufacturer in the cannabinoid (CBD) industry. The Company's products contain cutting-edge CBD industrial hemp extracts in the form of edibles, creams, oils and salves. Financial information can be found at https://www.otcmarkets.com/stock/PSIQ/profile.
Please visit the company website at www.profilesolutionsinc.com,
Facebook at https://www.facebook.com/EliteProductsINTL/,
Instagram https://www.instagram.com/elite_hemp/,
Linkedin at https://www.linkedin.com/in/elite-hemp-products-3a863914a/,
Twitter at https://twitter.com/EliteHemp_Intl and
Blog: https://www.elitehempproducts.com/blog.

SAFE HARBOR STATEMENT

This press release contains forward-looking statements that can be identified by terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results or implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the company's control. Forward-looking statements speak only as to the date they are made and we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.

FOR INFORMATION, PLEASE CONTACT:

Dan Oran, President
Profile Solutions, Inc.
8411 West Oakland Park Blvd.
Suite 201
Sunrise, FL 33351
Dan@ProfileSolutionsInc.com
(844) 856-8838 

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/52a69aa3-e67f-48d7-befb-772f15dbd6a9

Tuesday, November 20, 2018 - 08:30